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marijuana. >> i inhaled frequently. >> what happened to energy policy? >> it is intolerable. accepted de pen tense on energy sources. will the regulation go bigger>> what will we see in four more years? that's our show tonight. >> i have my crystal ball i can see what's going to happen. first over the next four months pundits will scream about fiscal cuts. will congress work out a deal? yes. i can see it. th they will meet and hold press conferences and threat and predict disaster and reach a deal right before the end. it won't solve much it will postpone the reckoning and could they congratulate it saevend the media will -- the media will send it to someone else. >> predict the future. >> looks pretty good. a lot of people are waking up to know that what we have today isn't workable but in the short run the people in charge aren't going to admit they are not bankrupt. they will keep putting it aside and but then we will eventually probably destroy the dollar. it will be forced to revamp and enhance the system of financing. i think it won't be anything quite as bad as the assistant collapse
to energy policy? >> to independence on foreign energy sources. >> who will obama a point* to the court? i am told we are going over a cliff. but that does nothing compared to the rate at -- real threat. what will we see? tonight. >> i am ready for the next four years because i have my crystal ball i will see what happens. first pundits will scream about the fiscal cliff a series of tax increases going into affect january 1st unless they work out a deal. they will. i can see it. they will meet, press conferences and predict disaster then reach a deal. it will not solve much but then the media will move on. america will continue to go broke. if i too cynical? and no. worse than that says congressman ron paul. predict the future. >> the future looks good people know that what we have today is not workable but short-term the people will not admit we're bankrupt or on the verge of a major major change in our society. but they will destroy the dollar were reinforced to change our system of financing. it could be big. not quite as bad as the soviet system but changes are to come. true bankruptcy
. >> john: what does my crystal ball say about things like marijuana. >> what will happen to energy policy? >> this is horrible. >> dependence on foreign energy sources. >> who will obama appoint to the court. it will grow bigger? i'm told we are going over the cliff but that cliff is nothing compared to the real threat. what will we see in four more years? that is our show tonight. >> >> john: i'm ready for the next four years because i have got my crystal ball. first pu7b diswill scream about the fiscal cliff. first pundits will scream about the fiscal cliff a series of tax increases going into affect january 1st unless they work out a deal. they will. i can see it. they will meet, press conferences and predict disaster then reach a deal. it will not solve much but then the media will move on. america will continue to go broke. if i too cynical? and no. worse than that says congressman ron paul. predict the future. >> the future looks good people know that what we have today is not workable but short-term the people will not admit we're bankrupt or on the verge of a major major change in
them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bott of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increes ] man: a few ihes of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an age, call the number that appears on your screen. neil: did you take a look caterpillar stock today? jpmorgan downgraded, cut the price target was widely considered a global economic bellwether in part, not hol but in part because of concern over the ongoing energy policies, which it whole bunch of them think will be hurtfuto the s. interest levels with energy interests. not at all surprised by this development? >> no, really not. i find it ironic in the headlines we see we cld be energy independent by 2020, at the same time caterpillar is
the ongoing energy policies, which it whole bunch of them think will be hurtful to the u.s. interest levels with energy interests. not at all surprised by this development? >> no, really not. i find it ironic in the headlines we see we could be energy independent by 2020, at the same time caterpillar is being downgraded because of energy concerns. it seems this administration can't get out of its own way. i don't know whether i should laugh or cry when i see these things. neil: we don't know what they're whining about, we are big into for acting, franken is at a record high. they're getting fossil fuels a record high, read the details on what is on private land versus public land, but they say there's a policy of building results. you say what? speak wit>> if it is a misrepre. said the gas prices would have to go up to push forward green energy agenda. said cars are going to be twice the efficiency buying half as much gas but offered no real installation. neil: mitt romney got a bad rap on his campaign, making energy such a prominent feature. if we get our energy act together, if we became
, and that is devon energy. >> the reason most of you agree is because we are seeing concrete data to generate it has been over 22% over the last 12 months. liz: david: a lot of these coal-fired plants are being replaced by natural gas plants. >> absolutely. you can't just turn on a switch and turn it off between natural gas and coal fired gas plants. it takes time. it's also a play on energy. natural gas -- they have been pretty aggressive in purchasing and diversifying themselves among different sources. that is why we like about energy. not just for natural gas, but also as we see, it has reached this cyclical low. liz: as we are talking about your sectors, what sectors do you believe are poised to profit? >> we think the u.s. economy, the u.s. consumer, they are collectively in better shape than the world has given us credit for. bottom up, we are focusing on fundamentals and valuations. there has already been a lot of talk. we like financial services, parts of financial services, and the ongoing transformation, really, the u.s. energy superpowers, is a fantastic long-term story. that is where we
, we like to tax really wealthy folks and like to tax companies, especially energy companies. >> yeah. we hate these guys. look, unfortunately for the environmental movement, al gore was sprayed with human repellant at some point during his life and he has some good ideas. this is not one of them. this is just going to be passed along to consumers and to the companies. this is just a penalty for ing a fossil fuel company. if the production tax credit, which encourages -- it's not a subsidy, it's a t credit for infrastructure for energy, if it's not extended, you'll see renewable energy structure go down 720 to 80%. this is a dumb fight to pick. >> christianwhile some say this is a pretty far fetched idea and it doesn't really stand a chance, at the same time, al gore contend this is would actually help individuals get their tax rates lower because it would be extra revenue. but that would be -- we'd have to make that happen, correct? >> yeah. i think al gore is right about the policy of a carbon tax, but wrong about the timing. we do need a carbon tax because right now the price of ca
of black elk energy, spoke after the divers located the body of one of the missing workers. >> and the coast guard, how they would like the effort to go and where it should be transported to, and it's very sad and you always hold out hope. >> harris: the fire, believed to have started when workers were using a torch to cut an oil line, it was quickly put out, but at least 11 of them suffered burns. doctors saying today one of the four men who suffered the most severe burns has improved from critical it fair condition. black elk energy now hiring their own divers to help in the search for the remaining missing man after the coast guard suspended their search and the ceo promises they won't suspend the search to find the missing worker. a chopper was taking off and another was landing. it's our story on the fox trip across america. california, that crash in pasadena leaving the tail of one chopper split in half and its rotor blade toppled. all six fepeople survived. one kept was on patrol and the other monitoring college traffic from a football game at the roosevelt. the n.t.
until it goes bust? ♪ >> we thought we'd bring you some good news this week. the international energy agency reported monday that the the u.s. is likely to surpass saudi arabia as the world's largest oil producer as early as 20/20 and predicts that the u.s. will increase production to 11.1 million barrels a day by 2020, up to about 6.9 million barrels in 2008. that is if the obama administration allows it. so, steve, you've been out to the shale in north dakota where it's coming from, and fracking so-called, and drilling and private risk taking. what does it mean for the u.s. energy markets? >> well, this is such a great, great pro american stir and by the way, paul, it's not just oil, it's also natural gas. >> paul: right, sure. >> my goodness we have more natural gas than the rest of the world combined and it's driven by the technological improvements and a five or ten year technological lead than the countries we're competing with. it's interesting, paul, if you look the at the last three or four years, now what industry has created more than any other industry in the united states
deaths. >> details involving another energy drink. >> also, the director of the pharmacy involved in the deadly meningitis outbreak refuses to answer. >>> israeli forces have killed hamas' top military commander. this happened yesterday in a string of 20 air strikes on the gaza strip. violent retaliation has followed there and today, three israelis were killed in a rocket attack. israel mourns the deadly strike on the hamas commander as the beginning of a broader offensive. >> happening right now in mexico, a survey to see whether there was damage caused by an early morning earthquake. the 6.0 quake hit around 4:20 eastern time. the epicenter was about 105 miles south of mexico city. shaking was felt in the capital. >>> closer to home now, lawmakers on capitol hill are trying to get to the bottom of a deadly fungal meningitis outbreak. the house energy and commerce subcommittee says it will investigate why hundreds of people were given the contaminated steroid. 32 people have died. more than 400 sickened. the opener of the pharmacy linked to the tainted drug has pleaded the fifth.
in general. if you want to understand what the oil market has been this year and energy market in general, two key relationships. the first is between wti and brent. we have seen that thread work out to all-time highs. i believe right now december on december, is about $23. meaning the price of brent is $23 higher than price of wti. that can be explained by what came out of the report today. there's a shift taking place. obviously supply in the united states is at highs. and cheap oil in general is a very bullish thing for commodities. where cheap oil begins to become a problem like in 08 is if it's associated with weak economic growth. we need to keep that balance very close and watch that as we head throughout the week here. cheryl: john, one thing i will say as a caveat there is that the weather, which is always unpredictable looking like it is going to be a really rough winter, heating oil, things like that, are you making bets in those markets now? >> you know, it is funny because if you look at hurricane sandy and what it's done, i think short-term heating oil, reformulated gasoline
. and let's get going. together. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes tohe avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. lou: amassed a best seller on the sub ministration. republican leaders in washington about this very thing. whether they are right or wrong, i don't know. they believe in their hearts that this president is trying to go over the cliff. he has looked at the polls. nearly all of them say, if we go over, it's the republicans who people are going to blame. the republican. lou: it is a silly thing not begun negotiations. think about the pollster who posed the question, inviting such silliness and absurdities as to make a decision about something that has not transpired is not even begun. no foundation for blame. >> can'tou
and we should do better still ahead, after pouring billions of taxpayer dollars and failed green energy companies, obama wants to do it again. what to expect in th next four years from this administration when it comes to managing your money. gerri: today was the first day of gasoline rationing in new york city and long island all because of hurricane sandy. gas rationing. drivers can only fill up every other day were put into place to stop the panic buying and it is borderline anarchy that was going on. long lines that took effect. you see a lot of calves in the line as well. governor andrew cuomo says it could top $50 billion and it would make it that second costliest storm behind hurricane katrina seven years ago. president obama is scheduled to visit the new york area next thursday to see the recovery operation firsthand. the definition of insanity is doing the same thing over and over and over again. and expecting different results. so how does this apply to obama's next four years in office? the green companies backed by your taxpayer dollars? they just grow and grow. many of them
lemonade 5-hour energy? 5-hour energy supports the avon foundation for womebreast cancer crusade. so i can get the energized feeling i ne and support a great cause? i'm sold. pink lemonade 5-hour energy? ye and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feelinyou need and support east cancer research and access to care. he won ohio and maine, the latest to announce these health care expansions reedit we don't want any part of a crucial component. so forget when everyone was raising a big stink about many people have health care coverage. one of this is the stuff that individual state does that. ron williams is joining us now. we make of this. >> first, let me say thank you. it's a pleasure to be here. i think there are states who are legitimately concerned about what does it mean to be in the exchange in terms of the obligations financially. at the other extreme, there are states who have been enthusiastically embracing these exchanges, even though it's not clear what all the rules
pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. woman: my first symptoms were... man: constant tingling in my toes. woman: my leg sometimes will go numb. woman: i had double sion. woman: they said, "you have multiple sclerosis." woman: well, the beginning is the hardest time. man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. woman: i was a dancer. i don't see walking the way i walk any different than doing a dance. it just looks different -- it's a different dance. woman: you see me have an off day. it doesn't take away from who i am. man: a symptom may cause you not to be abl
energy will help you go. ♪ ♪ so buy a bottle of pink lemonade a and ♪ ♪ you can help fight breast cancer today. ♪ [ female announcer ] se people like to pretend a flood could ner happen to them. and that their homeowners insurance protects the [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. neil: whatevers case, rumors ju to try to help out in some storm-affected areas. no can do unless you sign up and join the union, even on a temporary basis. florida -- association director, you would know better than anyone, if that is so. because, a lot of workers have talked to fox and others saying they are ready to help, and they have toe part of thenion in order to help is, this true? >> first, i want to say our hearts go out to eveone impacted. what hapned is that. i work for a group of u utilitis called to assist the long island power authority, and i called over to the long island power authority we made arrangement for tnsfer of crews, but they said at end of the caution, before we do this call to the
a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ neil: when i first heard about this, i said no way in 4ebg this coul-- no way inheck that coulds could not just die on the vine. but they may be forced to shut down. the ceo is here with us, you came on in february to avoid this, why are we at this point. >> it is unfortunate, that -- but where we are now. is that the majority of our employees would like to us go forward and survive. we have a minority percentage of our employees that belong to the bakers union, went that group, they are picket -- within that group they are picketing the company,. neil: they say put this on them. cutbacks and benefits on them, what do you say? >> not true, the proposal we made, particularly on wage concessions apply to all employees,. neil: not just on them. >> absolutely, in fact we asked them to accept is same thing that teamster's union, our largest union approved, i guess if they aring iing is asking
is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. so, which superfast 4g lte service would you choose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? is
you fifteen percent or more on car insurance. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >>> this is not a friendly market. it's not a particularly fun market. it's certainly not a market that makes you want to buy any stocks. it makes you want to sell them. but as i told you last night, it would be the height of irresponsibility to sell everything. trimming, yes, but selling, no. because it's very possible at some point there will come a time when washington reaches a deal to fix the fiscal cliff and you absolutely do not want to miss that moment even after today. it was clearly discouraging to think we're nowhere near it. it's worth hanging on just for the possibility, though, that
@melissaafrancis. >>> coming up israel's battle with hamas is ex-can lating. what could this all mean for energy supplies in the middle east? we've got the latest. this is getting even scarier. do you ever have too much money? [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than t other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. you walk into a
gas leak. a spoix man for citizens energy reported no one called in smelling gas ahead of the explosion. that doesn't rule out a gas leak. no one smelled it at the time. explosion. a bomb has been ruled out and a possibility that a meth lab exploded. that possibility has been ruled out. that cause very much a mystery, jenna. jenna: any warning at all this was about to takes place? >> it happened in an instant. people were going about their business doing what you would do on a saturday night. at at once the explosion happened, turned the neighborhood into a fireball. shook homes as far as three miles away. left behind charred earth, splintered wood, broken glass. 200 people are out of their homes. 31 homes looks like they will be taken right down to the ground. two people killed by the force of this blast, it all happened without warning. it happened in an instant, jenna. jenna: so odd and scary. hopefully we get answers on this. mike, thank you. >> you got it. rick: when we come back a new concern for women who are pregnant who could develop the flu. how it could impac
right here in the usa. that's right, believe ii or not the international energy agency says the u.s. will become the world's top oil producer in five years. that would be amazing if it's true. what will it take to get there? i don't know. let's turn to oil guru stephen schork, founder and editor of the schork report. stephen, as always, welcome back to the show. >> great to be here, thank you. melissa: all this is predicated on tracking and shale. first of all do you think it is realistic? that is pretty quick time horizon? >> absolutely, melissa, and it is amazing when you make prices go high enough how much of a supply of given commodity there is out there. with all apologies to the bob dylan, the answer is not blowing in the wind. the answer is drilling beneath our feet. melissa: so let's do comparisons on a price basis because my thought on this we could outproduce saudi arabia at some price. saudi arabia the oil is sort of sitting right on top of the sand. we're talking about oil in the u.s. that is more expensive to get to. but at the same time we don't have to transport it
and most of the energy that comes into san francisco is piped in from other places so we have to look at everything from a regional perspective. in terms of what we're doing with our infrastructure, we look at many risks to our systems to improve their reliability, both gas and electric. while we talk about earthquakes quite a bit, we look more at ground movement in general, whether it be earthquake related, land slide related, but in terms of our reliability all those risks are looked at and there's on-going efforts to increase the reliability of both the electric system and the gas system throughout the san francisco area and through the northern and system part of our state. we have hundreds of millions of dollars of pipeline replacement happening which is a major risk in a major earthquake. most people are aware in loma prieta the pipeline held pretty well but we are trying to build in a better manner to withdraw earthquakes. on the electric side, things are pretty well proat the timed already. things shut themselves off. depending on the magnitude of the earthquake, it could
-based black elk energy confirmed the blast occurred on their platform. the fire is now contained. they say they are using helicopters and boats to search for two people who are now missing. this blast comes a day after oil giant b.p. agreed to felony charges and record $4.5 billion settlement for the 2010 deep water horizon disaster. phil is live in south florida with more. what is the latest? phil: the search officially is continuing for those two workers. 11 of the workers that were taken by helicopter are being treated. several of them for very serious burns. the location of this oil-producing platform is 25 miles east, southeast, of grand isle, louisiana. according to investigators, the cause of the fire appeared to be workers doing maintenance and cutting pipe on the platform. oil was spilled and it sparked the fire. the oil spill in the gulf of mexico is minimal it is believed. >> the platform was confirmed shut before they started work so it was in non-production lot form at the time. phil: a lot differences between this and 2 1/2 years ago, the b.p. deep water horizon, an explorato
: and wind power. how they want the federal government to blow new light into the alternative energy source. dennis: his other world currencies are faring against the u.s. dollar. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >> 21 minutes past the hour, hello, everybody. this is your fox news tha fox n. palestinian witnesses said israeli airstrikes have struck several targets in benghazi city. following that attack that killed the chief of staff and top military commander. israeli assault cease-fire for the past 24 hours along the israel border. and taking a 54 congressional committee today. refusing to answer questions from the committee. the tainted
out now that blackout energy, this is an oil and gas company based in houston, texas, confirming to fox that an explosion did happen on the company's rig in the gulf of mexico. the black elk is investigating the cause of a fire but would not confirm any details on the location, time of the explosion or any fatalities that may have occurred. the company working with the u.s. coast guard to put the fire out and find out more information. more information will come out this afternoon at 3:00 central time but this was off of the southern coast of louisiana. meantime jamie dimon has company working with the government on a settlement over how they manage mortgage-backed securities. charlie gasparino will bring you the latest. does the twinkie go bye-bye? and the ding dong? don't forget yodels? is it over or not? dennis kneale is here to tell you what happened to those important recipes. take a look at the treasury market and bob was talking about prices were up and meals down again today. would you buy a rush to save the? are these save? not so fast but that is where the tenure is rig
a boost up 1.5% today. liz: it was not enough to boost oil names, oil services and energy names, these are hitting 52-week lows. all on the downside. david: we have been focusing so much on apple because of the dramatic fall the last couple of weeks. let's look overall at nasdaq falling into correction territory six weeks in a row. the longest losing streak in four and a half years but at the end of the day pulling into the green and that is good news for monday. liz: our viewers cannot afford to miss. david carter, one of the most sought after mentor for ceos in the world will be here in the studio sharing five tips he gives for big bucks to become the best you can be. the kind of stuff that rockets people and companies to great success. he will help you guide yourself to that. david: turning many people into multimillionaires. virgin america ceo will be here to discuss the growing operating profits and tell us why they're ordering new jets. you will not want to miss what he has to say. liz: depending on what you're looking at, stocks struggled for direction today, crossing unc
their taxes, raise their health care costs, raise their energy ost and raise their labor cost. people are going to invest. you will find the kind of job creation you need. american businesses want this president to succeed. the one him to succeed because his success is tied to my success. conversely, his success is tied to the success american business. there ought to be some common ground. i'm just not seeing it. lou: what do you think of the idea that a dozen ceos show about the white house to talk big with the big guy, ut small business that creates most of the jobs in this country not represented. these cuts represent a fraction of our economy. they have a major, major portion of the lobbying efforts and the pressure that is applied in washington. what is your reaction? >> these are good people, smart people, intelligent. but you really have to look at how rare motivated differently than small businesses would be. these large businesses can be the subject of government actions. it's easy to kind of select them, move them out. they can be subject to attack. they also are sometimes
is not the only threat of going over the fiscal cliff. energy companies and others warning that when their taxes go up, they're going to have to start shipping their jobs overseas. you say they're right. >> the corporate tax rate, when you count state, local and federal, is around 60%. what's happening is companies have to compete against companies from germany or sweden, or canada where the corporate rate there is now 15%. what we're talking about essentially is even the president's own jobs council led by jeffrey immelt and the advisor board and sim so much bowles said lower the corporate rate. the president agreed to that. when you have a high tax rate, that invites all sorts of cronyism where congress throws in loopholes to favor their political cronies at companies that donate to them. >> morgan, the president has said he wants to lower the corporate tax rate down to 28%, but even at 28%, it is above all the others, maybe with the exception of spain. >> i don't think taxes alone are the reason that companies are goin to offshore or even going to offshore jobs in the next year or two. i thin
to the formation of an opposition group coalition to oust bashar al saud. >> eric: the ceo of black elk energy, which owns an oil rig, has identified a found body is one of two contract workers missing since friday. black elk energy will continue to search for another worker who is still missing. four workers who were burned are still hospitalized. the company says that no oil is leak from this platform. federal investigators looking into a deadly parade accident in midland, texas, say a warning signal sounded 7 seconds before the float collided with the freight train on thursday. it was the second of two floats that crossed the tracks. the first did clear safely. ntsb found no problems with the train's brakes, tracks or cars. president obama and lawmakers are cautiously optimistic about a budget deal. but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that d
, to the escalating controversy of the use of caffeine in energy drinks and a new line of cracker jacks. the manufacturers say these products are perfectly safe. but the fda is looking into caffeine concerns. and so is abc's jim avila. >> reporter: abc news has obtained 92 of what the fda called adverse event reports. the latest of which is an october death claim of sudden cardiac arrest. the government is founding. but the founder of 5-hour is fighting back, saying his product is not harmful. some people swear by it. >> i feel more alert. i feel awake. >> reporter: others overdo it, as in these youtube videos. >> chug. chug. >> reporter: but this morning, the ceo and founder of 5-hour energy drink, tells abc news that kind of abuse is the only way to hurt yourself with his product. >> if you had ten cups of coffee in an hour, i think you'd end up in a hospital. that would really be a dumb thing to do. >> reporter: bhargava says the deaths and hospitalizations, recording to the fda because of his 5-hour energy drink was because the product was abused. not because it's dangerous. >> they
with its earnings estimate. melissa: the energy sector mostly lower today in global economic worries that natural gas is bucking the trend up 4%. jeff flock have a latest on that. >> it is cold. i had snow in my yard. the markets are very much on seasonal issues. i will get to that in the next hour but natural-gas up almost 4%, below normal temperatures forecast and it looks like for the first time since 2007, the earliest decline in inventory, the supply is going away because it is cold, need to burn more natural gas. the oil sector down today, texas intermediate losing 1/2% and this is mostly global concerns that most people look at brand as well that is the bigger loser as well because the i e a, international energy agency indicating there is going to be less demand worldwide and this extends to the gasoline sector as well. take a look at that. it has been down 1% last i checked. no more gasoline rationing in new jersey, still on long island. there you go. lori: complaining about the weather in the midwest. i really feel sorry for you. melissa: president obama meeting with labor
the country, around the corner. us bank. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantas who would have thought? i did. we did, bob. we did. got it. >> live from america's news headquarters, i'm harris falkner. the scandal surrounding the head of the cia general david petraeus breaking wide open on this sunday. he quit suddenly on friday he said because of an extramarital affair and now we know that fbi agents were looking at e-mails on his computer as part of a wide investigation and they were tipp
's at the bottom of the hour. but first, rocket firing over there. already hitting energy prices right here. right here. are all drivers in the [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the differee. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewd. buy now. save later. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. more headlines, 30 minutes away and now, back to bulls and bears, i'm jamie colby. >> oil spiking here in the u.s. as missiles are flying in the holy land. now some arab leaders, threatening to use oil as a weapon against the u.s. and the battle between israelis in ga
lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. megyn: the cia director has resigned over a sex scandal and leon panetta may be on the way out. we don't have that confirmed. but there are reports's considering leaving and the "washington post" is reporting that senator john kerry is being considered for the top choice at the pentagon. the top job. a choice that would likely bring back some old controversies. joining meet ceo of ben square communitycation. we don't know who is leaving but kerry's name surfaces in the post as the potential for secretary of state. and now secretary of defense. trace gallagher did a report outlining the controversy when he ran for president. by want ralph to comment on th
the energy and commerce committee. tainted shots produced by the company are blamed for 32 deaths. a plane crashed into a home in a jackson, mississippi, neighborhood. take a look at this video-- the impact set the house on fire and killed three people on board. one person in the house managed to escape and is in the hospital in good condition. i'm ainsley earhardt. now back to "on the record" with greta. thanks for watching. >> is the obama administration more concerned about a sex scandal than benghazi. >> the f.b.i. sent more time in broadwell's house four hours than they this d at u.s. consulate in benghazi. just to put this in perspective. they spent more time in broadwell's house than they did in benghazi. this benghazi story has now become a story about sex and scandal about who? the benghazi story has all of a sudden become a sex scandal about petraeus. who is the one person that benefits from that reputed to be a republican? petraeus. >> greta: political panel rick cline, john mccormack and byron york. you are first. >> rush is expressing the frustration a lot of republicans have
platform owned by a houston-based company called black elk energy. the rig was in shallow water 25 miles southeast of grand isle louisiana and the platform that caused 2010's gulf oil spill was exploratory and it was in deep water. >> and your tax dollars have been used to study whether jesus died for clingons, seriously, and nancy pelosi shows off her knowledge of the u.s. constitution. the grapevine is next. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, cha
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